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Reference : R8496

Main shopping area, town centre, HERTFORDSHIRE (Please register to make appointments and view addresses)

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 65% approx.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Full A3 use

SPACIOUS SINGLE FRONTED BISTRO STYLE COFFEE SHOP with ceramic tiled floor. New tables and chairs providing seating for 50 persons. Ceiling lighting plus spotlighting. Cool display serveover counter, electronic cash register, 2 group coffee machine, boiler, upright double door drinks display fridge, upright glass display cool fridge (used for cakes), hot display cabinet, soft ice cream machine etc.

Level kitchen with non-slip floor. The equipment includes 4-burner gas cooker, electric grill, 2 commercial microwave ovens, double deep fryer, bain marie, 3 fridges, 3 upright deep freezes, dishwasher, double sink and drainer etc.

Half tiled ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

The business is at present operated by the vendor with the assistance of 2 full time and 3 part time staff.

Monday - Saturday inclusive - 8.30 a.m. - 5 p.m.
Sunday opening - 10 a.m. - 2 p.m.

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £5,400 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

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